HSBC Official's Tuesday Night Could've Gone Better

Surprise arrests at JFK will do that to you.
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Ways it could've gone worse: flying out of LaGuardia. So, y'know, a little perspective.

Federal agents surprised an HSBC Holdings Plc executive as he prepared to fly out of New York’s Kennedy airport late Tuesday, arresting him for an alleged front-running scheme involving a $3.5 billion currency transaction, according to three people familiar with the matter. Mark Johnson, HSBC’s global head of foreign exchange cash trading in London, was held in a Brooklyn jail overnight and will appear in court Wednesday, one of the people said, asking not to be identified because the details of his arrest aren’t public.

U.S. Charges HSBC Official in FX Rigging Probe [Bloomberg]

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By Formulax at zh.wikipedia (Transferred from zh.wikipedia) [CC BY-SA 1.0, GFDL or CC-BY-SA-3.0], from Wikimedia Commons

HSBC Executive Arrested At JFK For Front Running Pretty Sure Feds Are Just Wasting Their Time

Mark Johnson's pretty sure Mark Johnson should've been allowed to get on that plane.

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Add it to the now lengthy number of claims Michael Picarella can make against the bank.